India-based renewables developer ReNew Power Ventures will receive up to US$250 million of debt financing from Overseas Private Investment Corporation (OPIC), the US government's development finance institution, to help construct 400MW of solar PV projects in India.
The Kerala State Electricity Board (KSEB) has issued a request for selection (RfS) for 200MW of grid-connected solar PV in what is the South Indian state’s first utility-scale solar tender for consumer use.
Chile’s Environmental Evaluation Service (SEA) has given environmental approval to a 600MW solar PV project named Cielos de Tarapacá, which requires US$1 billion in investment, project Valhalla has confirmed.
Recharge A/S, an investment fund specialising in renewables, will take a 50.1% stake in a €24 million (US$26.7 million) micro grid on a remote Portuguese island that could prove the validity of such projects as an asset class.
The Victorian state government in Australia aims to fast-track connections to the grid for rooftop solar installations, under the impending National Electricity (Victoria) Further Amendment Bill 2015.
Last month Israeli inverter manufacturer SolarEdge revealed it had sold its 10 millionth power optimiser. With half of those shipped in 2015, there appears to have been a discernible change in attitudes recently toward module-level power technologies. SolarEdge’s Lior Handelsman explains why.
Foresight Solar Fund has added to the woes of SunEdison, revealing that the two parties are in advanced negotiations to settle a claim over underperformance at three UK project sites.
Leading US installer SolarCity has completed its fifth securitisation of distributed solar PPA and lease assets — standing as the company’s sixth securitisation transaction overall.
Chile has streaked ahead of its Latin American rivals after becoming the first country in the region to surpass 1GW of installed solar capacity and brush off its classification as an ‘emerging market’. Tom Kenning assesses the country's prospects as it looks to go even further with renewable energy deployment.
French PV company EREN Renewable Energy and developer Access Infra Africa, a subsidiary of Access Power, have begun construction of a 10MW solar PV plant in Uganda, which will be the largest project in the Eastern region of Sub-Saharan Africa once complete.